Listing Courtesy of: PILLAR 9 - IDX / First Place Realty
2526 16 Street SW Calgary, AB T2T 4E9
Active (29 Days)
$3,900,000
7,600
SQFT
Description
MLS®:
A2214661
A2214661
Type
Multifamily
Multifamily
Year Built
2025
2025
Style
Attached-Side by Side
Attached-Side by Side
Listed By
Ahmed Ramadan, First Place Realty
Source
PILLAR 9 - IDX
Last checked May 24 2025 at 8:22 AM GMT+0000
PILLAR 9 - IDX
Last checked May 24 2025 at 8:22 AM GMT+0000
Bathroom Details
Subdivision
- Bankview
Property Features
- Fireplace: Total Fireplace(s) : 0 Gas
Flooring
- Hardwood
Garage
- Double Garage Attached
Parking
- Parking Space(s) : 16
- Garage Faces Front
Stories
- 2
Living Area
- 7,600 sqft
Location
Listing Price History
Date
Event
Price
% Change
$ (+/-)
May 12, 2025
Price Changed
$3,900,000
-5%
-200,000
Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Seize this rare opportunity to own a brand-new luxury 6-plex in the heart of prestigious Bankview, one of Calgary’s most desirable Southwest communities. With over 7,600 sq. ft. of total living space, this purpose-built income property is designed for maximum cash flow, featuring legal basement suites in every unit for enhanced flexibility and rental yield.
Each building includes 4 spacious main dwellings, ranging from 1,830 to 1,950 sq. ft., paired with legal one-bedroom basement suites between 400 and 550 sq. ft. The second garage in each unit has been cleverly repurposed to expand the basement, creating more livable space, while still offering a single attached garage and double driveway per unit for ample parking.
?? Rental Income Potential:
Main units: $3,500 – $4,500/month
Basement suites: $1,500/month
Total projected rent: $20,000 – $24,000/month
Similar nearby units rent at $30/sq. ft., underscoring the income potential.
Key Investment Highlights:
Eligible for CMHC Select Financing – reduce financing costs and increase ROI
Located in a high-demand rental area with proven stability
Turnkey setup—ready for immediate income generation
Ideal for short- and long-term appreciation in a growth-oriented market Whether you're an experienced investor or expanding your portfolio, this asset delivers strong performance, desirable location, and future upside.
Hurry—this opportunity won’t last long! Contact us today to schedule a viewing or request the investor package.